Block said Tuesday (May 20) that since the launch of its credit products, it has extended over $100 billion in credit while keeping its loss...
Financial institutions and merchants face a persistent challenge: enabling consumers to navigate the inevitability of large, unplanned expenses without undue friction or financial strain. Get...
Contrary to perceptions of financial irresponsibility, a significant portion of subprime borrowers actively and strategically use credit to improve their financial standing, revealing an underserved...
Lending to nonbank entities like buyout firms and private credit outfits has topped $1 trillion. Get the Full Story Complete the form to unlock this...
In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts....
The latest data on household debt from the Federal Reserve Bank of New York, released Tuesday (May 13), indicated that consumers paid down some of...
The headline number from the Consumer Price Index released Tuesday (May 13) by the Bureau of Labor Statistics indicated that inflation grew at its slowest...
A car loan can turn out to be a green light, red light moment for millions of Americans. Get the Full Story Complete the form...
The traditional pillars of consumer credit are undergoing a profound transformation as “pay later” options, once a niche for specific shoppers, are now redefining how...